E1 & E2 Transaction

[Manojit Barman]

Dear Seniors,

A is the Material Manufacturer in Jabbalpur CG

B is the Dealer in Noida, UP

C Customor/Consignee Shajanpur, UP

My Question is:

Is the below transaction 'Sale In Transit / E1 Transaction' or not ?.

B purchases the material from A under CST biling and B prepare a Invoice without any tax amount to C.

the material A Delivers in the name of B as a buyer & directly send to C and B Endorse the L.R.in the name of C. so, material collects by C

and A issues 'E1' form to B and collects Form'C' from B and B collect Form 'C' from C & issues E2 Form to C

Please guide me.

AI Summary

Is the Transaction Between A, B, and C a 'Sale In Transit' Under Section 6(2) of CST Act? A discussion on a transaction involving parties A, B, and C, where A is a manufacturer, B is a dealer, and C is the consignee. The main query is whether the transaction qualifies as a 'Sale In Transit' or E1 transaction. B purchases materials from A and invoices C without tax, with A issuing an E1 form to B and B collecting Form C from C. Participants clarify that the transaction falls under section 6(2) of the CST Act, requiring E1 and E2 forms. Further discussion involves billing and tax implications, particularly between B and C, who are in the same state.